Chap. 189.—An ACT to incorporate the Bowling Green Tobacco Asso-
ciation.

Approved December 1, 1884.

1. Be it enacted by the general assembly of Virginia, That
James KE. Ennis, William T. Chandler, R. Vincent, William
Murray, James A. Chapman, 8. P. Teewella, G. T. Swift, C.
L. Ballard, K. R. Farish, J. M. Hudgin, and such other per-
sons as may be associated with them, be and they are hereby
incorporated and made a body corporate and politic, under
the name and styleof the Bowling Green Tobacco Association,
for the purpose of erecting a tobacco warehouse in the town
of Bowling Green, Virginia, to promote the sale and trade of
tobacco in said town, as well as to stimulate the cultivation
of said product in the county of Caroline; and that said as-
sociation shall have power to acquire by that name by pur-
chase, gift, devise or bequest, and hold real and personal estate
to the value of five thousand dollars; may sue and be sued,
plead and be impleaded in all the courts of law and equity in
this state, and have perpetual succession; to have, make and
use a common seal, and the same to break, alter or renew at
pleasure; to ordain and establish such by-laws or ordinances
and regulations for the furtherance of the purposes of an
association, as they may think wise and proper, by vote of
the stockholders of said association as hereinafter provided,
and generally to do every act and thing necessary to carry
into effect this act, or to promote the object and design of
this corporation: provided that such by-laws, ordinances,
regulations and acts be not inconsistent with thé laws of this
state or of the United States.

2. The capital stock of the society shall not be less than
one thousand dollars, nor more than ten thousand dollars,
divided into shares of ten dollars each, which shall be paid in
cash or instalments, as the by-laws may require, and the per-
sonal liability of each and every stockholder for the debts of
the society shall be limited to the amount unpaid on the
share of stock subscribed by such stockholder. All certifi-
cates of stock shall be signed by the president and counter-
signed by the secretary of the society. Each stockholder
shall have one vote, in person or by proxy, in the election of
directors, and at all meetings of the stockholders, for each
share of stock held by him.

3. The annual meetings of the stockholders shall be held
at such time as may be provided by the by-laws of the society.
If at any meeting of the stockholders there be present in
person or by proxy, those who can give a majority of all the
votes which could be given by all the stockholders, the same
shall constitute a quorum for the transaction of business or
election of directors and other officers, and not otherwise.

4, This act shall be in force from its passage.